Hedge fund manager Einhorn scores 4.2 percent gain August

Reuters – Hedge fund manager David Einhorn had plenty to brag about on Tuesday after his Greenlight Capital gained 4.2 percent in August, thanks largely to a double-digit jump in Coventry Health Care’s stock price.

Einhorn’s Greenlight Capital informed investors early on Tuesday that his Greenlight Capital LP is now up 10.9 percent for the year, said two people familiar with the results, but not authorized to discuss them publicly.